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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: TATRADER who wrote (34509)1/14/2003 4:49:27 PM
From: GTC Trader  Read Replies (1) | Respond to of 59879
 
Mark,

Thanks for the info regarding CDE.

I was disappointed to see that it closed below support at 1.90. Might this be a head fake?

1.70 seems like a reasonable target. I hope that is your "worst case" scenario. Looks to me like 1.80 might be the bottom this time. 1.40 was the bottom on 12/2. 1.50 was the bottom on 12/10. 1.60 was the bottom on 12/20. 1.70 was the bottom on 12/30. Not too scientific, but I see rising bottoms and what looks like support in the 1.75 to 1.80 range, so if the 1.70 area is visited again, I would expect it to be a short visit.

<< BTW, take a look at how reliable the CCI 5 period and fast stochastic 8 period is on CDE.... >>

Yes, I have been watching your indicators. I thought that CCI5 had bottomed about -80, but now it is at -148.6.
stockcharts.com[m,a]daclyyay[pb50!b200][vc60][iUd5!Lh8,3]&pref=G
It is sometimes a little early, but I am looking for 1.75 and the 50d sma to hold.

We shall see.

Thanks again - Ken

P.S. Mike Sawyer, If you read this, what does Floating Analysis tell us on CDE? Looks like about two-thirds of the float has traded just since the 12/2 bottom.